Red Lobster Retail
For Sale
Contact for pricing
1545 S Mooney Blvd, Visalia, CA 93277
The commercial property includes an 8,187-square-foot retail building constructed in 1994.
Property Size8,187 SF
Price / SF$365.82
Days on Market116
Property Features for 1545 S Mooney Blvd
General Information
Standard status
Active
Size
8,187 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$195,838
Building Details
Year Built
1994
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Sanil Doshi · License #02251769
Source:
Crexi
Added: Jun 22
Changed: Oct 10
Last Checked: Oct 14 at 8:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This retail property comprises an 8,187-square-foot commercial building at 1545 S Mooney Blvd in Visalia, California. Constructed in 1994, the asset is identified as Red Lobster and carries a reported 6.12% CAP rate.
The property is located in the 93277 ZIP code on S Mooney Blvd. Its retail classification and established building footprint provide the primary physical characteristics identified for the offering.
The property is located in the 93277 ZIP code on S Mooney Blvd. Its retail classification and established building footprint provide the primary physical characteristics identified for the offering.
Key Highlights
- 8,187‑square‑foot retail property
- Reported 6.12% CAP rate
- Constructed in 1994
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,202
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,504,040
$2.5M
Cap Rate 7%
$1,788,600
$1.8M
Cap Rate 9%
$1,391,133
$1.4M
Market Conditions
NOI Build-Up for 8,187 SF
Gross rent
$176.8K $21.60/SF
− Vacancy
−$9.9K −$1.21/SF
EGI
$166.9K $20.39/SF
− OpEx
−$41.7K −$5.10/SF
NOI
$125.2K $15.29/SF
Area
Visalia, CA
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,504,040
Cap Rate 7%
$1,788,600
Cap Rate 9%
$1,391,133
Alternative Uses
Best Use
Specialty Retail
$1.79M
$1.57M – $2.09M
NOI $125,202 @ 7.0% cap · market cap 4.18%
Second Best
Retail
$1.67M
$1.46M – $1.95M
NOI $116,855 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $156,994 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
576k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 45%
Dining 32%
Shops & Services 13%
Home Improvements & Furnishings 5%
Kohl's
Apparel
62,680 visits/mo
0.4 miles
JCPenney
Apparel
58,621 visits/mo
0.4 miles
In-N-Out Burger
Dining
57,667 visits/mo
0.2 miles
Macy's
Apparel
55,378 visits/mo
0.4 miles
Ross Dress for Less
Apparel
55,372 visits/mo
0.3 miles
Demographics for 93277, CA
53,196
Population
19,434
Households
2.7
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,350
Density / Sq Mi
$79,532
Median Household Income
$43,555
Median Earnings
$1,406
Median Rent
$320,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - The commercial property includes an 8,187-square-foot retail building constructed in 1994.
Where is this retail space located?
The property is located at 1545 S Mooney Blvd Visalia, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 8,187‑square‑foot retail property; Reported 6.12% CAP rate; Constructed in 1994
